Fay-Genstone Foundation Inc

Analysis

Fay-Genstone Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fay-Genstone Foundation Inc reported income of $128k and spending of $142k, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $72k to $128k (+78%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 155%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fay-Genstone Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Fathers Care Inc ($128k), Dallas Childrens Advocacy Center Foundation ($128k) and McMinn County Educational and Community Foundation ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $320k against liabilities of $302k, net assets of $19k.